Sterling Bancshares (SBIB) today released results for the quarter ending on March 31, posting a net loss of $370,000 or break-even per diluted share, compared with a net loss of $6.2 million, or $0.07 per diluted share, for first

Comerica (NYSE:CMA) has announced it has entered into an agreement to buy regional bank Sterling Bancshares (NYSE:SBIB) for $1.03 billion in a stock-for-stock deal. The transaction values Sterling shares at $9.99 per share - a 30%

This is what's in the news for Friday, January 14th. Reuters reports that Sanofi-aventis (SNY) will now offer about $76 a share or about $20B to hopefully win its takeover bid for Genzyme (GENZ). the Wall Street Journal report

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From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...

Barnes & Noble's new NOOK HD product line is available for pre-order today. There will be two models of the high definition tablets, the NOOK HD and NOOK HD+. The standard model will sport a 7 inch screen and will retail for $199. The HD+ tablet will have a 9 inch display and cost $269...

The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...